chasfh Posted April 10 Posted April 10 On 4/10/2025 at 5:25 PM, Tigermojo said: Someone is gaining by pulling his puppet strings. Expand Underestimate Trump at your peril. 1 Quote
Tiger337 Posted April 10 Posted April 10 On 4/10/2025 at 6:36 PM, chasfh said: Underestimate Trump at your peril. Expand I'm at his peril regardless, but he's a moron. At no point in the last 40+ years has he not been a moron. 1 Quote
Screwball Posted April 11 Posted April 11 Nikkei down around 4 1/2. S&P futures down less than a percent. Might be a good time to buy crude for the SPR. Weekly U.S. Ending Stocks of Crude Oil in SPR Quote
Screwball Posted April 11 Posted April 11 On 4/10/2025 at 2:49 AM, gehringer_2 said: big spike but no price action so it was in both directions - somebody or a bunch of somebodies clearing/resetting hedges? Expand Don't know. Looks funny to me. Who knows what the pigmen are up to. I find it more interesting to see that huge candle yesterday that closed the gap. No more worry about gaps, you are free to fall. Just what it did today. Yet, it looked kind of ugly until around 12:30, then recovered a bit. Volatility is off the charts. Expect bank trading profits to be good next earnings report. Giggle. Probably not a popular statement, but this **** has went on since forever. Leaks, frontrunning, and whatever other crooked **** these pricks come up with. We get fleeced. Blue Horseshoe loves Anacott Steel" 2 Quote
Deleterious Posted April 11 Posted April 11 No clue when Congress and cabinet members have to report their stock trades. But that could be a fun day. Quote
Screwball Posted April 11 Posted April 11 Never gonna happen. We ain't in the big club. This is why they hate Trump. He is too stupid to STFU and puts the swindle on full display. The quiet part out loud as they say. Sweet talking con-men are much better, and America eats it up. Quote
chasfh Posted April 11 Posted April 11 On 4/10/2025 at 11:16 PM, Tiger337 said: I'm at his peril regardless, but he's a moron. At no point in the last 40+ years has he not been a moron. Expand Then we have nothing to worry about. 🫠 Quote
Tiger337 Posted April 11 Posted April 11 On 4/11/2025 at 1:31 PM, chasfh said: Then we have nothing to worry about. 🫠 Expand Stupid people can do a lot of damage too. Quote
Tiger337 Posted April 11 Posted April 11 On 4/9/2025 at 5:08 PM, Deleterious said: One other thing. JPow's term ends in May 2026. It will be interesting to see who the president appoints to that position. It will be a dove for sure, but no clue who is dovish among the candidates. Expand He likes TV personalities who put on a show, so maybe Cramer! Only half kidding. Quote
Deleterious Posted April 11 Posted April 11 On 4/11/2025 at 3:14 PM, Tiger337 said: He likes TV personalities who put on a show, so maybe Cramer! Only half kidding. Expand I was curious how they selected a new Fed Chair. After some reading, I found the President has to appoint someone from the current board of governors. So good news, he can't select some random person. It will be one of these 7. I guess 6 since I doubt he taps Powell again. https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors Quote
Tiger337 Posted April 11 Posted April 11 On 4/11/2025 at 3:37 PM, Deleterious said: I was curious how they selected a new Fed Chair. After some reading, I found the President has to appoint someone from the current board of governors. So good news, he can't select some random person. It will be one of these 7. I guess 6 since I doubt he taps Powell again. https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors Expand In that case, it will be Christopher Waller. Can't trust a woman, Black man or Democrat in matters involving money. Quote
1776 Posted April 11 Posted April 11 Wells Fargo 30 year mortgage is sitting at 7.0% this morning with a point down. MAGA. Make America Grunt Again 🥵 Quote
Deleterious Posted April 11 Posted April 11 On 4/11/2025 at 3:52 PM, Tiger337 said: In that case, it will be Christopher Waller. Can't trust a woman, Black man or Democrat in matters involving money. Expand Maybe. I still think it will be the biggest dove he can find. He is constantly bitching about the interest rates being too high. Quote
Deleterious Posted April 11 Posted April 11 VIX is at 43.31 right now. Last two times it was that high was covid and then 2008. Quote
chasfh Posted April 12 Posted April 12 On 4/11/2025 at 2:02 PM, mtutiger said: Expand Defund Umich. Quote
chasfh Posted April 12 Posted April 12 On 4/11/2025 at 3:05 PM, Deleterious said: Expand Once he fires Powell and install a lackey and they immediately slash rates to zero, those 30 years will come back down to sub-2. Quote
chasfh Posted April 12 Posted April 12 (edited) On 4/11/2025 at 3:37 PM, Deleterious said: I was curious how they selected a new Fed Chair. After some reading, I found the President has to appoint someone from the current board of governors. So good news, he can't select some random person. It will be one of these 7. I guess 6 since I doubt he taps Powell again. https://en.wikipedia.org/wiki/Federal_Reserve_Board_of_Governors Expand Yes, that’s exactly how Trump will do it, because that’s what a totally normal president would do. Edited April 12 by chasfh Quote
Tiger337 Posted April 12 Posted April 12 On 4/12/2025 at 1:28 AM, chasfh said: Once he fires Powell and install a lackey and they immediately slash rates to zero, those 30 years will come back down to sub-2. Expand According to the link that Del posted, he can not install a lackey. Quote
chasfh Posted April 12 Posted April 12 On 4/12/2025 at 1:49 AM, Tiger337 said: According to the link that Del posted, he can not install a lackey. Expand Yeah, you’re right, trump would never break a rule. Quote
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